Pre-Trading Thoughts

Transport and Industry Minister Kamel El Wazir laid out the 23 industries that the government is looking to localize, adding that the state is offering incentives and facilities to attract investments into these selected sectors. The Qantara West Industrial Zone will welcome two new projects with combined investments of USD38 mn following agreements with the Suez Canal Economic Zone (SCZone). Egypt and Germany inked grant and debt swap agreements totaling some EUR77.3 mn to fund develop...